Washington, DC has High Rate of Expirations
The tax credit expires after 15 years. If it is not extended by the U.S. Department of Housing and Urban Development, these affordable units could return to market price....................Read More
Tuesday, May 23, 2017
Expiring Tax Breaks Reduce Inventory of Low-Income Apartments
May 22, 2017 By: Dave Sorter
The expiration of tax breaks established by the Low Income Housing Tax Credit (LIHTC) program is exacerbating a shortage of low-income apartments in many metros nationwide.
The tax credit expires after 15 years. If it is not extended by the U.S. Department of Housing and Urban Development, these affordable units could return to market price....................Read More
The tax credit expires after 15 years. If it is not extended by the U.S. Department of Housing and Urban Development, these affordable units could return to market price....................Read More
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